$50,000
0.30 Acres
Land
Connie J Stanley, Listing Office: RE/MAX Horizons
Is Delaware City, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Delaware City was a Buyer's Market.
Key Takeaway
Delaware City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delaware City, DE
How much do homes in Delaware City, DE cost?
Median Sold Price
$306,000
$215/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$50,000(+19.5%)
Key Takeaway
Homes in Delaware City have sold for 19.5% more than they did a month ago.
Summary: The median home sold price in Delaware City was $306,000 in November 2024, up 19.5% from last month, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $275K | N/A |
| 3 Bedrooms | $256K | $306K | +19.5% |
| 4 Bedrooms | - | $410K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Delaware City housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 19.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Delaware City, DE
How many homes are available in Delaware City, DE?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Delaware City real estate market had 10 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Delaware City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware City, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Delaware City in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Delaware City, DE
How long does it take to sell a home in Delaware City, DE?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 9 Days | -67.9% |
Summary: Homes in Delaware City had an average of 9 days on market in Nov 2024, down by 67.9% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Delaware City are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Delaware City; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
